11-07-2025
Big Banks Are Tired of Losing Recruits to Private Equity
By and Hannah Levitt
Save
JPMorgan Chase & Co. bosses grew curious last summer as they clocked an unusual number of absences at the training sessions that kicked off their ultra-competitive junior analyst program.
The reason, they discovered: new recruits had skipped the mandatory onboarding to interview at private equity firms for their second jobs — even though they were just days into their first.
